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Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2016
Fair Value Measurements [Abstract]  
Summary Of Financial Assets Measured At Fair Value On A Recurring Basis



 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

Fair Value Measurement at Reporting Date Using



 

 

 

 

 

 

Quoted Prices in Active Markets for Identical Assets

 

Significant Other Observable Inputs

 

Significant Unobservable Inputs

(Dollars in thousands)

 

 

 

Total

 

(Level 1)

 

(Level 2)

 

(Level 3)

At December 31, 2016

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Available for sale securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Federal agency securities

 

 

 

 

69,694 

 

 

 -

 

 

69,694 

 

 

 -

Obligations of state and political subdivisions

 

 

 

 

46,375 

 

 

 -

 

 

46,375 

 

 

 -

Residential mortgage-backed securities

 

 

 

 

280,642 

 

 

 -

 

 

280,642 

 

 

 -

Asset-backed securities

 

 

 

 

9,177 

 

 

 -

 

 

9,177 

 

 

 -

Corporate debt

 

 

 

 

20,330 

 

 

213 

 

 

20,117 

 

 

 -



 

 

 

 

 

 

 

 

 

 

 

 

 

 

Derivative asset

 

 

 

 

1,235 

 

 

 

 

 

1,235 

 

 

 

Derivative liability

 

 

 

 

(1,890)

 

 

 -

 

 

(1,890)

 

 

 -

Total

 

 

 

$

425,563 

 

$

213 

 

$

425,350 

 

$

 -



 

 

 

 

 

 

 

 

 

 

 

 

 

 

At December 31, 2015

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Available for sale securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Federal agency securities

 

 

 

 

78,211 

 

 

 -

 

 

78,211 

 

 

 -

Obligations of state and political subdivisions

 

 

 

 

47,564 

 

 

 -

 

 

47,564 

 

 

 -

Residential mortgage-backed securities

 

 

 

 

239,888 

 

 

 -

 

 

239,888 

 

 

 -

Asset-backed securities

 

 

 

 

9,415 

 

 

 -

 

 

9,415 

 

 

 -

Corporate debt

 

 

 

 

25,253 

 

 

137 

 

 

25,116 

 

 

 -



 

 

 

 

 

 

 

 

 

 

 

 

 

 

Derivative asset

 

 

 

 

1,793 

 

 

 

 

 

1,793 

 

 

 -

Derivative liability

 

 

 

 

(3,163)

 

 

 -

 

 

(3,163)

 

 

 -

Total

 

 

 

$

398,961 

 

$

137 

 

$

398,824 

 

$

 -



Asset Measured At Fair Value On A Nonrecurring Basis



 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 



 

 

 

Fair Value Measurements Using



 

 

 

Quoted Prices in Active Markets for Identical Assets

 

Significant Other Observable Inputs

 

Significant Unobservable Inputs

(Dollars in thousands)

Total

 

(Level 1)

 

(Level 2)

 

(Level 3)

At December 31, 2016

 

 

 

 

 

 

 

 

 

 

 

Impaired loans at fair value :

 

 

 

 

 

 

 

 

 

 

 

Commercial real estate

$

6,053 

 

$

 -

 

$

 

 

$

6,053 

One-to-four family residential

 

1,593 

 

 

 -

 

 

 -

 

 

1,593 

Real estate construction

 

207 

 

 

 -

 

 

 -

 

 

207 

Commercial

 

5,357 

 

 

 -

 

 

 

 

 

5,357 



 

 

 

 

 

 

 

 

 

 

 

Loans held for sale:

 

 

 

 

 

 

 

 

 

 

 

One-to-four family residential

 

4,386 

 

 

 -

 

 

4,386 

 

 

 -



 

 

 

 

 

 

 

 

 

 

 

Total

$

17,596 

 

$

 -

 

$

4,386 

 

$

13,210 



 

 

 

 

 

 

 

 

 

 

 

At December 31, 2015

 

 

 

 

 

 

 

 

 

 

 

Impaired loans at fair value :

 

 

 

 

 

 

 

 

 

 

 

Commercial real estate

$

11,182 

 

$

 -

 

$

 

 

$

11,182 

One-to-four family residential

 

185 

 

 

 -

 

 

 -

 

 

185 

Real estate construction

 

390 

 

 

 -

 

 

 -

 

 

390 

Commercial

 

9,845 

 

 

 -

 

 

 

 

 

9,845 



 

 

 

 

 

 

 

 

 

 

 

Loans held for sale:

 

 

 

 

 

 

 

 

 

 

 

One-to-four family residential

 

7,453 

 

 

 -

 

 

7,453 

 

 

 -



 

 

 

 

 

 

 

 

 

 

 

Other real estate

 

2,274 

 

 

 -

 

 

 -

 

 

2,274 

Mortgage loan servicing rights

 

3,721 

 

 

 -

 

 

3,721 

 

 

 -

Total

$

35,050 

 

$

 -

 

$

11,174 

 

$

23,876 



Carrying Values And Estimated Fair Values Of Financial Instruments Segregated By The Level Of The Valuation Inputs



 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 



At December 31, 2016

 

At December 31, 2015



Carrying

 

Fair

 

Carrying

 

Fair

(Dollars in thousands)

Values

 

Values

 

Values

 

Values

Financial assets:

 

 

 

 

 

 

 

 

 

 

 

Level 2 inputs:

 

 

 

 

 

 

 

 

 

 

 

Cash and cash equivalents

$

75,650 

 

$

75,650 

 

$

78,129 

 

$

78,129 

Securities held to maturity

 

10,443 

 

 

10,677 

 

 

11,797 

 

 

12,282 

Accrued interest receivable

 

6,194 

 

 

6,194 

 

 

5,767 

 

 

5,767 

Mortgage loan servicing rights

 

3,491 

 

 

4,159 

 

 

3,721 

 

 

3,721 

Bank-owned life insurance

 

28,575 

 

 

28,575 

 

 

27,676 

 

 

27,676 

Investments included in other assets

 

14,627 

 

 

14,627 

 

 

10,383 

 

 

10,383 

Level 3 inputs:

 

 

 

 

 

 

 

 

 

 

 

Total loans, net of allowance

 

1,849,586 

 

 

1,839,960 

 

 

1,753,323 

 

 

1,728,114 

Financial liabilities:

 

 

 

 

 

 

 

 

 

 

 

Level 2 inputs:

 

 

 

 

 

 

 

 

 

 

 

Deposits

 

1,946,018 

 

 

1,897,927 

 

 

1,884,105 

 

 

1,780,954 

Accrued interest payable

 

1,132 

 

 

1,132 

 

 

867 

 

 

867 

Other liabilities

 

9,516 

 

 

9,516 

 

 

10,314 

 

 

10,314 

Other borrowings

 

183,814 

 

 

183,926 

 

 

110,927 

 

 

112,149 

Subordinated debentures

 

46,393 

 

 

46,393 

 

 

51,548 

 

 

51,548